2026-06-25 09:33:30 am | Source: Kedia Advisory
Sell Gold Aug @ 142200 SL 143200 TGT 140000-139000. MCX - Kedia Advisory
Gold
SELL GOLD AUG @ 142200 SL 143200 TGT 140000-139000. MCX
Observations
Gold trading range for the day is 138010-147110.
Gold prices slipped below a key psychological level of $4,000 per ounce level for the first time since November 2025
Prices seen under pressure from a firmer U.S. dollar and growing expectations that interest rates will remain elevated.
Traders have ramped up bets on U.S. interest rate hikes this year after the U.S. central bank struck a hawkish tone.
ING analysts cut their gold forecasts, now expecting prices to average $4,300 in Q326 and $4,600 in the Q4.
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